Craneware’s Chargemaster Corporate Toolkit lets us run our facilities more efficiently because it standardizes verbiage for all eight hospitals in a uniform manner.
—Jean Yarbrough, Advocate Health Care, Oak Brook, Ill.
Managing one chargemaster is difficult, a constant stream of regulatory change, new codes, old codes, compliance issues, Fee Schedules, hospital comparative pricing, defensible pricing regulations, staff turnover, audit trails; the list goes on. Try this in a corporate environment with multiple chargemasters, all moving separately but which need to be linked together and managed. How do you even start to link complex systems with hundreds of thousands of ever-changing charge items from multiple sites?
Furthermore, while linking multiple chargemasters is a huge problem, managing them when linked adds more complexity. Some facilities or departments may need local management, others will require corporate directive. A mixed approach may be required even at charge item level, perhaps a mandated corporate "description" but flexible local pricing?
Chargemaster Corporate Toolkit® solves these problems by using sophisticated matching algorithms to analyze, match and make links between the charge items in multiple CDM files. This allows you to define a “master” chargemaster file and have it link directly to each of the individual CDM files. Once linked, the software is flexible enough to allow chargemaster management at corporate, facility, department or charge item levels.
The corporate "master" or any of the linked chargemasters can then be maintained within Chargemaster Corporate Toolkit®, all the usual features are here CDM Review, coding compliance, Fee Schedules, hospital comparative pricing; it's just like using Chargemaster Toolkit® but edits made are linked, work once and the effect is seen throughout your organization. You can even open multiple chargemasters simultaneously and watch your edits take effect across multiple sites in real-time as you work!
Whenever you open Chargemaster Corporate Toolkit, you automatically receive any software or data updates via the internet (only our software and encrypted data updates are communicated over the internet; your hospital data stays safe, right where it belongs, in your hospitals). Your system will always be current with regulatory changes to Medicare Outpatient billing to ensure you can generate compliant bills that will get paid promptly, and with current Fee Schedule and hospital comparative pricing information to ensure you can set appropriate and defensible pricing positions.
To help users research changes in codes, Chargemaster Corporate Toolkit is packaged with a set of licenses to the Craneware Online Reference Toolkit®. It is a browser-based solution that provides easy access to all the specific source documents and information your staff needs for successful coding, medical necessity reference, reimbursement information, charge line-item creation, and general regulatory information.
As a Chargemaster Corporate Toolkit client, you have the option of engaging the Craneware Business Solutions Group. The Group's Chargemaster Corporate Standardization Services will help you achieve success with your corporate standardization project.